You don't have to be a genius to realize that the global economy (international free market) has been built on the bodies of Third World people who have worked for practically nothing to fill the coffers of First World companies. The foundation of the success of these companies is slave wages.

We have an economy built on a cemetery filled with poor workers who have died not with a bullet to the head or a firing squad but death from malnutrition, overwork, slave wages, poisoned water, inadequate housing or trying labor union organizing.

The global market has re-invented serfdom. Economic structures that should facilitate a better life and a better environment have facilitated slavery.

Slightly adapted from a text on economic personalism written in 1998. But oh so timely !

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Pablo Carpintero

your devoted servant, is a happily retired economist, and way too old to mend his ways. Pablo knows that many economists have the perfidious tendency to turn into professional idiots. That's why his rule of life is to be as contrarian as possible, and then some ...